May Inflation Higher Than all Expectations at 8.6 Percent, Energy, Gasoline, Food Prices Continue Climbing
June 10, 2022 | Sundance
The Bureau of Labor and Statistics has released the May inflation report [DATA HERE] showing a 1.0% increase in the month of May, bringing the rate of inflation to 8.6 percent. The highest rate of inflation in over 40 years.
However, the Fed cannot do anything to stop this inflation because what’s needed is a total reversal of U.S. energy policy.
No comments:
Post a Comment